Mining News

Gemfields simplifies stake in Sedibelo Platinum Mines

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With ongoing plans to dispose of its entire interest in Sedibelo Platinum Mines (SPM), gemstone miner Gemfields confirms that interposed vehicle Pallinghurst Ivy Lane Capital (Ivy Lane), which held an interest of 27.64% interest in SPM, has been unbundled. By November 2020, Gemfields had held its stake in SPM through Ivy Lane – a company incorporated in Luxembourg.

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